Market Studies

Freddie Mac released the results of its Primary Mortgage Market Survey on Thursday, which showed that mortgage interest rates rose this week for both long- and short- term home loan products. The GSE attributed the increase to recently issued reports which signaled optimism that the national economy may be starting to turn around.

Seventy percent of Realtors are interested in using a one-stop online shopping source for real estate closing services, according to a National Association of Realtors (NAR) survey of nearly 2,000 Realtors.

The housing outlook, based on pending home sales, improved with many first-time buyers taking advantage of near record-high housing affordability conditions, according to the latest report released by the National Association of Realtors (NAR) on Monday.

Banks continued to tighten lending standards during the first quarter of the year, according to the Federal Reserve’s senior loan officer survey published on Monday. The central bank’s first quarter lending review showed that 50 percent of U.

Mortgage industry hirings skyrocketed during the first quarter of the year, according to figures published on PR Newswire Monday. The report showed that mortgage companies hired 8,877 people from January to March – a monumental increase from 925 industry new hires in the fourth quarter of last year and 1,199 in the first quarter of 2008.

Sales of single-family homes in Connecticut for the first quarter and for the month of March fell more than 20 percent from last year’s levels, according to a report released Monday by New England real estate researcher The Warren Group.

Jacksonville, Florida’s Lender Processing Services (LPS), Inc. released its latest LPS Mortgage Monitor this week, which provides mortgage industry performance indicators as of March month-end. Among the findings, LPS reported that the number of newly delinquent loans declined in March to 7.

Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS) on Thursday, which showed that rates for fixed-rate mortgages this week lingered at their record lows and those for adjustable-rate mortgages also eased.

The single-family median home price in Rhode Island fell 25.9 percent in the first quarter compared to the same period in 2008, according to a report released Thursday by The Warren Group, which provides real estate data for the New England area.

The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications Survey for the week ending April 24, 2009, which showed that despite high affordability conditions within the marketplace, the number of people applying for a home loan dropped significantly last week.